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Cloud Electronics Announce New Ownership

Cloud Electronics Announce New Ownership
Sheffield, UK based Cloud Electronics has announced a new ownership and management structure following the retirement of founders Roy Millington and Andrew Colley.

Following 28 very successful years of manufacturing and designing installation sound equipment, both Millington and Colley have retired from their positions as directors and shareholders of Cloud Electronics Ltd. The management and all shares of the company will pass to Cloud Electronics Holdings Ltd.

The new company is formed under the Managing Directorship of Mr. Simon Curtis and Director Clare Powell. As such, Cloud Electronics Ltd will continue to trade and all day-to-day operations will be maintained as usual and without change.

Both Millington and Colley will however, adopt the role of consultants for Cloud Electronics, supporting Curtis and the internal management team – a move which aims to ensure and oversee the smoothest possible transition, as well as to input to the rapidly expanding product design process, which incorporates a raft of new product for release this year.

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“We are very pleased that our legacy will be continued by Simon and are totally confident in the future success of the company," stated Millington. "The injection of Simon’s youth, enthusiasm and experience in sales, marketing and general management combined with existing design and production expertise all bode well - it’s ironic that we are retiring at this exciting time in company’s history, but we are very confident that the company is in good hands.”

Tags: cloud electronics, ownership, simon curtis

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